"When you're successful and stuff, you become a target. I don't
wanna be a bullseye," Jackson told E!. "I don't want anybody to
pick me as the guy that they just come to with astronomical
claims and go through all that."

He also added, "I'm taking precautions that any good
businessperson would take in this situation."

50 Cent's character was
released from prison in Season 1 of Starz's
"Power."Starz

According to a statement from his attorney, William A. Brewer
III, to Billboard, the filing "permits Mr. Jackson
to continue his involvement with various business interests and
continue his work as an entertainer, while he pursues an orderly
reorganization of his financial affairs."

Hunter Shkolnik, Leviston's lawyer, told Business Insider, "We think this is a
failed attempt to avoid paying this woman who has been hurt so
badly by his actions."

In addition to starring in "Southpaw" and appearing in "Magic
Mike XXL" this year, 50 Cent executive produces and stars on
Starz's hit drama "Power." Later this year, he will release his
sixth studio album, "Street King Immortal."